The question asked by nations around the world in 2016 was "Why is US politics so stupid?" because America's idiotic Electoral College system allowed Trump to become president even though he did not win the popular vote.
Now nations will again be asking "Why is US politics so stupid" if America's idiotic Republican politicians allow the world economy to crash because they can't make a simple fix to their debt ceiling procedures.
In both cases, America knew what the problems were but wouldn't or couldn't summon the political will to fix them.
The United States already lost political prestige and influence around the world because of Trump -- it took Biden some time and lots of meetings to get the world community to forgive America for Trump.
Now America is risking its economic credibility and clout with the debt ceiling debacle -- and the easiest solution seems to be to print a trillion-dollar coin!
it is genuinely hilarious the entire financial system might be saved by a random poster with the username "beowulf" in the blog comments of a B list hedge fund manager who was like "why dont we just mint a trillion dollar coin" which was passed by word of mouth to Krugman
— Lucas 🧡🧦 (@PunishedLink) January 7, 2023
